Latest News Headlines Sat Jul 28 14:59:13 IST 2018

2. Nepal govt appreciates India for providing generous humanitarian support in post earthquake reconstruction programme
3. Health ministry launches National Viral Hepatitis Control programme
4. India Ranked Very Poorly On Human Development Index: NITI ... - NDTV
5. Niti Aayog CEO Says 10% Growth Not Possible Without Improving HDI - News18
6. 10 killed as bus falls into Maharashtra ravine
7. Karunanidhi in hospital, blood pressure stabilised (Second Lead)
8. Haryana's Hathnikund barrage releases water, floods threaten Delhi (Lead)
9. India must pay heed to Imran's peace overtures: Pakistani daily
10. Police nab prime suspect in Kerala girl's trolling case
11. Government ready to provide medical assistance to Karunanidhi
12. Niti CEO says 10% growth not possible without improving HDI
13. Niti Aayog CEO Amitabh Kant has said the country needs to improve its human development index (HDI) to achieve a growth of around 10 per cent.
14. Policeman in uniform kneels down before Adityanath to seek blessings, photos go viral
15. Photographs of a police officer in uniform kneeling down at the feet of Uttar Pradesh Chief Minister Yogi Adityanath, on the occasion of Guru Purnima at the Gorakhnath temple here, went viral on social media.
16. SP national executive authorises Akhilesh to decide on alliance, seat sharing for LS polls
17. The Samajwadi Party national executive today authorised party president Akhilesh Yadav to take decision on alliance and seat sharing for the general elections next year, an SP leader said.
18. Builder shot dead by bike-borne assailants
19. A 45-year-old builder was today shot dead allegedly by four bike-borne assailants in outer Delhi's Ranhola, the police said.
20. Odisha to implement its own food security act from Oct 2: CM
21. Odisha Chief Minister Naveen Patnaik today announced that the state government would implement its own food security act from October 2 this year.
22. Carrie Fisher to feature in 'Star Wars: Episode IX
23. Disney and Lucasfilm have announced the cast of "Star Wars: Episode IX", confirming late actor Carrie Fisher will feature in the film.
24. Rashid has maturity to deal with challenges of red-ball cricket: Bairstow
25. England wicketkeeper-batsman Jonny Bairstow feels that leg-spinner Adil Rashid will be able to put aside the rumblings his selection to the England Test team has generated and continue his form from where he left in the one-dayers against India.
26. Thick mud hampers Laos dam rescue with hundreds still unaccounted for
27. Rescuers battled thick mud and flood waters across a swathe of remote southern Laos to find survivors of a dam burst that submerged entire villages, as an official suggested more than 1,100 people may still be unaccounted for.
28. Death toll climbs to 88 from Greek wildfires
29. A woman has died in hospital taking the death toll from Greece's worst wildfires to 88, many of them children, officials said today.
30. Can Imran Khan pull his country out of the woods and create a New Pakistan?
31. IPO Exercise: MTG Pumps Out Japan Billionaire Tsuyoshi Matsushita
32. Thailand's Supatra Dynasty - 4 Generations Of Women Running The Chao Phraya River
33. Mark Zuckerberg's Net Worth Tumbles $18.8 Billion, More In One Day Than Ever Before
34. Singapore's Richest 2018: Property Moguls Edge Out Facebook Billionaire For Top Spot
35. Channel - Block D - Billionaires - blog - Position 3 - On A Bad Day For Facebook Stock, Mark Zuckerberg's Net Worth Plunges $15.4 Billion
36. Channel - Block D - Billionaires - blog - Position 4 - Mark Zuckerberg's Net Worth Tumbles $18.8 Billion, More In One Day Than Ever Before
37. Channel - Block D - Billionaires - blog - Position 5 - Singapore's Richest 2018: Property Moguls Edge Out Facebook Billionaire For Top Spot
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45. Cambodia prepares for election marred by criticism
46. Militants abduct J&K SPO at gunpoint
47. Yamuna crosses danger mark, evacuation begins
48. 37 killed in UP rains in two days
49. At least 10 passengers were killed when a private bus carrying nearly three dozen university staff plunged into a ravine in Raigad district of Maharashtra on Saturday morning, an official said.
50. Tamil Nadu Chief Minister K. Palaniswami on Saturday said the government is ready to render medical assistance to the ailing DMK President M. Karunanidhi.
51. Karunanidhi shifted to Kauvery Hospital
52. Carvajal shares football tips with youngsters
53. Terms & Conditions
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62. Anupam Kher hopes to create awareness on relevant social issues
63. Cabinet nods plan to set up 20 AIIMS across country
64. Nipah scare: Several states on high alert!
65. Delhi proposes 50% profit cap on medicines at hospitals
66. UK to pledge millions to AI research for early cancer diagnosis
67. Treat your feet to perfect pedicure regime
68. Kejriwal should have apologised to Punjab people: Jakhar
69. Markets open on higher note
70. Siddharth ‘certain’ his character will flourish in ‘Laado…’
71. Set up panel to study temples’ management, SC tells Centre
72. Pant now needs to be consistent, will soon play for India: Ganguly
73. Pant now needs to be consistent, will soon play for India:...
74. Militants attack Afghan midwife training centre: Officials
75. Chipmakers say helping Indian handset brands to make a comeback
76. Akhilesh Yadav to decide on alliance for LS polls
77. India must pay heed to Imran's advice: Pak daily
78. Water resources ministry rapped for project delays
79. Militants attack Afghan midwife training centre
80. अपनी सीमेंट कंपनी के लिए IPO से ₹4,000 करोड़ जुटाएगी निरमा
81. UN at risk of running out of cash
82. A $105 bn blunder costs top Samsung man his job
83. Indian handset vendors underestimated Chinese companies, and lost considerable m...
84. Health News 24/7
85. Regrow
86. Ad: ABMTC
87. The week in 10 stocks: ITC, Bajaj Finserv’s dream run and other stories
88. China, Russia, Iran pose grave cyber espionage threat to US: Report
89. Pakistan polls: Multi-party meet rejects results, demands 'transparent' re-election
90. Water resources ministry rapped by CAG for major project delays, cost overruns
91. No big earnings disappointment from blue chip firms cheered market participants.
92. There was no immediate claim of responsibility for the attack in Jalalabad, the capital of Nangarhar province. It was not clear if there were any casualties.
93. India must pay heed to Imran's advice: Pak dailyThe influential Dawn English newspaper, in an editorial lauded the Pakistan Tehreek-e-Insaf chief, who is trying to cobble together a coalition to form new federal government.
94. Water resources ministry rapped for project delaysTaking note of the cost escalation due to delays, the national auditor has observed that original cost estimate of the five projects was Rs 3530 cr while the current cost estimate is Rs 86,172 cr.
95. There was no immediate claim of responsibility for the attack in Jalalabad, the capital of Nangarhar province. It was not clear if there were any casualties.
96. The influential Dawn English newspaper, in an editorial lauded the Pakistan Tehreek-e-Insaf chief, who is trying to cobble together a coalition to form new federal government.
97. Taking note of the cost escalation due to delays, the national auditor has observed that original cost estimate of the five projects was Rs 3530 cr while the current cost estimate is Rs 86,172 cr.
98. The local people spotted Sardar lying on the road and rushed him to Diamond Harbour Hospital.
99. The broader equity market index has been touching new all-time highs almost every other day. However, the equity portion of several new investors' portfolios could be deep in the red and for some there might be bleak signs of recovery. The negative returns may be more pronounced in case of mid- and small-cap stocks or mutual fund schemes in these categories.So, if you are sitting on losses at the moment, you have two options: Sit tight and wait for the portfolio to turn black or make an early exit. While the latter move may act as a dampener since equities are known to deliver high inflation adjusted return in the long run, the former strategy in itself may not be sufficient. "It is the nature of markets, and human nature, that investors feel the urge to sell when they can't stand the pain of loss anymore. Further, investors tend to chase opportunities when markets are rising higher," says Sunil Sharma, Chief Investment Officer, Sanctum Wealth Management.Even if one is willing to stay invested and ride out the mayhem, putting in fresh money is more important rather than just waiting for the markets to move up. Here's why sitting tight and doing nothing may not be sufficient. We have assumed that you had a fund value ( and not investment amount) of Rs 1 lakh as on January, 2018 and say the value after six months as on June, 2018 has gone down by about 25 percent to Rs 75,000.Scenario I: No fresh investmentLet us say you do not invest further and the index moves up by 10 percent by July 2019, the fund value grows to Rs 82,500. Thereafter, the index further moves up by 10 percent till January 2020 and the fund value grows to Rs 90,750. Result: On a fund value of Rs 1 lakh as on January, 2018, the compounded annual growth rate (CAGR) on the investment even after 18 months of decent returns is still a negative 4.74 percent.Scenario II: Fresh investmentHere, let us assume that you invest a further Rs 25, 000 in June 2018 taking the fund value to Rs 1 lakh. Now, assuming the market moves up by 10 percent till June 2019, the fund value grows to Rs 1,10,000. Thereafter, the index further moves up by 10 percent till Jan 2020, the fund value grows to Rs 1, 21,000. Result: On a fund value ( and not investment amount) of Rs 1 lakh as on January, 2018, CAGR on your investment after 18 months comes to about 10 percent.Note that the calculations are entirely based on the principle of cost-averaging. The assumption of achieving 10 percent annualised return over the next two years may not hold true, however, pumping in more money to generate a healthy CAGR is all the more essential and it is portrayed.For direct investors in stocks and for those investing through mutual funds, they need to be proactive in their approach. "The stock market may be one of the few instances where people buy more as prices go up and sell more as prices go lower," says Sharma. It is not the timing rather it is the time one spends in the market that will determine the return. Watch outsUtmost caution needs to be taken while averaging out. If markets or your specific stocks continue to decline, the losses will increase. Putting in fresh money will, however, require a careful evaluation of the performance of the stocks and the mutual fund schemes. Specific stocks or schemes may continue underperforming for reasons specific to them. If the reasons that had made you invest in them have not changed, putting in additional money in them may still be fine. One may keep the investments staggered and keep buying at different levels of the market. Another factor to keep in mind while averaging is the asset allocation. One need not go overboard and put in additional money in equity just for the sake of averaging. The debt-equity asset mix needs to be maintained for optimum results. The mid- and small-cap carnage Mid- and small-cap stocks have seen heavy correction over the past few months. Sharma says that for investors with a long term horizon, this is a good time to start accumulating and continuing to allocate to mid-caps. "The valuations of mid-caps and small caps have corrected dramatically, and the P/Es of midcap and small cap companies with positive earnings are now in line with large caps. The global economy remains healthy and India's domestic economy is recovering nicely. With earnings coming through nicely, we think investors should stay the course and continue to allocate to equities," adds Sharma.Investment strategy The reason to keep investing is therefore two-fold. One, your long-term financial planning should not go off-track because of short-to-medium term market gyrations. And secondly, it is imperative from the returns point of view to not just stay invested but also put in more funds.
100. By Gerrit De Vynck and Emily ChasanFacebook Inc. has always had one absolute leader, cemented by a share class structure that maintained Mark Zuckerberg’s voting control even when he sold millions of shares. Some investors grumbled, but most were happy to stay quiet as the stock surged. This week’s plunge upended that dynamic, increasing calls for changes at the top.“It’s never an issue until things go wrong,” said Pivotal Research Group analyst Brian Wieser. He thinks a change in Facebook leadership is inevitable, and said the latest numbers could hasten that. “It’s really hard to imagine the status quo holding.” A Facebook spokeswoman declined to comment.On Thursday, Facebook fell 20 per cent, costing investors $120 billion -- the biggest single-day loss for an individual stock in history. Shareholders who had weathered months of renewed debate over Facebook’s role in society and the ethics of its business model suddenly turned tail when they realized growth had run out on Facebook’s core money-making app. Growth rates will decline by “high single-digit per centages” each of the next two quarters, Chief Financial Officer David Wehner said.The loss of faith emboldened voices that have called for Zuckerberg to share more of his voting power and give up his role chairing the board to a more independent figure.“Zuckerberg answers only to Zuckerberg,” said Jonas Kron, director of shareholder advocacy at Trillium Asset Management, which supported a shareholder proposal last year to replace Zuckerberg as chairman of the board. Since Thursday’s sell-off, he has received new phone calls and emails from other investors expressing support. He declined to identify those people.For more than a year, Facebook and other social-media companies have been under fire from policy makers and regulators for letting fake news, trolls and Russian manipulators proliferate on their services. Now that they’re cracking down, it’s denting growth, spooking investors. Authentic accounts and real information may be good for business longer term. But Kron said Facebook could have avoided some of the trouble if Zuckerberg’s power was checked by an independent chairman.Other big tech companies like Microsoft Corp., Apple Inc., and Alphabet Inc. split the roles of CEO and chairman. Twitter Inc. suffered its own stock-market plunge this week, dropping 21 per cent on Friday after user growth stagnated. It is roughly the same age as Facebook and has a similar founder-led mentality, but it already has a separate executive chairman.Zuckerberg wields too much power, said Calvert Research and Management Chief Executive Officer John Streur. Earlier this year, he grew concerned about Facebook’s approach to privacy and customer data. In April, when he realized engaging with the company wasn’t going to change much, his fund sold its Facebook shares."Facebook’s governance structure remains below industry standards, with a large amount of authority concentrated in the founder and CEO," Streur said. "Shareholder rights are not well respected, limited controls are in place around executive compensation, and concerns have been raised about the effectiveness of risk oversight, including privacy and security risk."This isn’t the first time shareholders have publicly voiced their displeasure. In 2012, California State Teachers’ Retirement System asked Facebook to separate the CEO and chairman roles and dispense with the share structure that gave Zuckerberg such an iron grip. In April, the pension fund’s Chief Investment Officer Chris Ailman said Facebook’s data-privacy crisis was fueled by Zuckerberg’s near total control. Calstrs owned more than 4 million Facebook shares at the end of March, according to data compiled by Bloomberg.When Zuckerberg tried to pull off a plan to sell almost all his stock while still maintaining control, some investors sued. Last September, just before the class-action lawsuit went to trial, Facebook backed down.In a post on Facebook, Zuckerberg said he no longer needed the new share structure because the company’s stock had risen so much he was able to fund his philanthropy without selling too much of his stake. This week’s plunge will force the CEO to off-load more of his shares to keep the same level of donations.Zuckerberg’s own words show how much the company could benefit from an independent director on its board, Kron said. In blog posts and during his April appearance in Congress to explain how a Trump campaign-linked firm accessed millions of users’ information, Zuckerberg said Facebook hadn’t taken a broad enough view of its responsibility.“That’s exactly what an independent board chair does,” Kron said. Miscalculating how strong the backlash to Facebook’s old policy of allowing third party app developers to port away user’s data could have been avoided by having someone with a wider, questioning perspective, he said.Trillium submitted a proposal to separate the CEO and chairman roles just a few days before Wednesday’s disappointing results. A similar one in 2017 won the votes of 51 per cent of non-insider investors, according to the investment firm. Kron expects that number to rise this time.“It is difficult to escape the conclusion that there are systemic problems in the ways Facebook has been managed,” Pivotal’s Wieser wrote in a note before the results. Even if Zuckerberg maintains voting power, having more independent board members would at least give shareholders more of a voice, the analyst said.How should Facebook write the job description for a potential independent chairman? “Someone with gravitas, someone with vision, business and technology chops,” Kron said. They’d also need “strong understanding of social impacts. The ability to think through unintended consequences,” he said.One suggestion: Bill Gates. The Microsoft founder experienced similar rapid growth followed by a period of instability marked by a bruising antitrust battle. After a lost decade, the company emerged stronger, with new leaders and strategies.“When Microsoft got to the other side of that, they had an independent chair,” Kron said. “Bill Gates relinquished his chairmanship.”
101. Chipmakers MediaTek and Qualcomm are working closely with Indian handset makers to help them make a comeback in the market where they have lost a significant share to Chinese brands such as Xiaomi, Oppo and Vivo.“There has been some correction for sure in the market. Some will come back, and they are already working in this direction, and we are closely working with them,” MediaTek India's country head for corporate sales international, Kuldeep Malik, told ET.Malik said local players would have a chance in India, given they have the right direction and mindset to grow. “There are challenges, but it's not impossible,” he added.Qualcomm, meanwhile, is learnt to be collaborating with domestic brands to help them in the highly competitive smartphone market, which returned to double digit growth (18%) year-on-year in the second quarter of 2018 after a flat first quarter growth. The smartphone segment contributed to half of the total handset market during Q2 2018. “You're going to see us continue to enable local brands to make them successful in their smartphone business," Jim Cathey, senior vice president for APAC & India at Qualcomm International, told ET in a recent interaction. He said Qualcomm was also working with some international brands in their entry into India.Malik said Indian vendors should look at having a control over the complete value chain, which includes software, hardware and design, and work on expanding their market globally.Indian handset vendors underestimated Chinese companies, and lost considerable market share to players like Xiaomi, Oppo and vivo in the last few years due to lack of focus on R&D and offline and online marketing.According to analysts, India handset brands should look at certain market gaps than focusing on the entire market, which is becoming crowded. Indian brands must look at playing on distribution considering they have a good brand pull in smaller towns and villages.In the last one year, local handset makers like Lava have cut down their portfolio and diverted focus on its USPs and design language, while Micromax and Intex have started to focus on the consumer durable market to offset losses.Chinese brands accounted for 62% of the total Indian smartphone market in the Second quarter of 2018, up from 55% a year earlier. This was the highest ever share the Chinese players held in the Indian smartphone market, per Counterpoint Research.MediaTek’s general manager of wireless communication, TL Lee, said the company is also working closely with Google to specifically target the ultra-low-cost smartphone segment. “We have an entry-level platform through which we want to help feature phone users migrate to smartphone,” he added.Lee said intense competition was driving handset vendors to bring mid-range or high-range capabilities to the affordable segment at a time when first-time smartphone users are switching to relatively better phones seeking an improved experience.“The market is intense currently, and the competition is to provide good user experience in various price segments, including low-end,” he added.
102. Indian handset vendors underestimated Chinese companies, and lost considerable market share to players like Xiaomi, Oppo and vivo in the last few years.
103. Raigad: At least 30 feared dead after bus falls into valley in Ambenali Ghat
104. Rescue operations are being carried out.
105. Karunanidhi health: TN governor visits Karunanidhi in hospital, meets Stalin and Kanimozhi
106. Samsung Galaxy S10 to feature ultrasonic in-display fingerprint sensor: Report
107. Cong to hold protests in Himachal over Rafale deal on Aug 2
108. Prime Minister Narendra Modi would be urged to explain to the nation why his government paid exorbitant price for the purchase of fighter jets as…
109. Raigad: At least 30 feared dead after bus falls into valley in Ambenali Ghat
110. अमित शाह को दिखाया काला झंडा तो पुलिस ने लड़की को घसीट कर बेंत से पीटा
111. मराठी चित्रपटसृष्टीतील ‘ही’ व्यक्ती आहे अनिकेतच्या गुरुस्थानी!
112. தா.பாண்டியனுக்கு திடீர் மூச்சுத்திணறல்! மருத்துவமனையில் அனுமதி
113. Karunanidhi health LIVE: TN governor visits Karunanidhi in hospital, meets Stalin and Kanimozhi
114. Delhi: Yamuna crosses danger mark, city witnesses scattered rainfall
115. Home
116. Honor Note 10 official teaser confirms 5,000mAh battery, 'Cool' technology
117. HTC U12 Life leaked specifications reveal 6-inch display, Snapdragon 636